Re:EU tax probe will not affect Apple's operation in Cork – ...
by rmc on Wednesday November 11, 2015 @08:08AM
(#10546462)
Ireland isn't questioning Apple. The US government were IIRC. The Irish political establishment & electorate just care about jobs.
There's an election in Ireland in a few months. After the property bubble burst, and the economy tanked, the parties currently in government love to claim any good signs for the economy. 1,000 jobs! Do you know how many votes that'll be? Who cares about taxes, the people want jobs.
Re:EU tax probe will not affect Apple's operation in Cork – ...
by totalrobe on Wednesday November 11, 2015 @08:37AM
(#10546562)
Labor is cheap in ireland too. Process engineers at intel in dublin only make about 40k euro with masters degrees.
Re:EU tax probe will not affect Apple's operation in Cork – ...
by merrua on Wednesday November 11, 2015 @08:42AM
(#10546579)
Thats basically it. Cheap english speaking technically educated workforce, most with experience working for other american companies.
Re:EU tax probe will not affect Apple's operation in Cork – ...
by godzillabrennus on Wednesday November 11, 2015 @07:30AM
(#10546300)
My understanding is that the foreign entity that acts as the haven has to be a legitimate business entity. This hiring binge aligns well with keeping that facade up.
Re:EU tax probe will not affect Apple's operation in Cork – ...
by raverbashing on Wednesday November 11, 2015 @07:40AM
(#10546343)
Talk about a facade that hires 1000 people, it's almost like they're not even trying to pretend anymore
Re:EU tax probe will not affect Apple's operation in Cork – ...
by arbitrage on Wednesday November 11, 2015 @08:42AM
(#10546578)
They've never tried to pretend, nor had to, because it's perfectly legal and an accepted financial standard of practice.
Re:EU tax probe will not affect Apple's operation in Cork – ...
by sjwright on Wednesday November 11, 2015 @07:47AM
(#10546373)
Obviously Apple picked Ireland for tax reasons, but 5,000 employees is a remarkably thick facade. Compare that to 16,000 people in Cupertino — I'm pretty sure that makes Ireland Apple's largest pool of office employees outside of their HQ.
Re:EU tax probe will not affect Apple's operation in Cork – ...
by mywacaday on Wednesday November 11, 2015 @07:30PM
(#10550462)
Don't forget the 850 million Euro data center that Apply are building in Galway recently got the go ahead.
http://www.irishtimes.com/business/technology/planning-permi...
Re:EU tax probe will not affect Apple's operation in Cork – ...
by natrius on Wednesday November 11, 2015 @07:54AM
(#10546398)
Apple's Austin campus will employ about 7000 people.
http://www.techtimes.com/articles/82805/20150909/apples-aust...
Re:EU tax probe will not affect Apple's operation in Cork – ...
by de_Selby on Wednesday November 11, 2015 @08:04AM
(#10546442)
>will
Re:EU tax probe will not affect Apple's operation in Cork – ...
by draw_down on Wednesday November 11, 2015 @09:47AM
(#10546885)
That is so silly.
Re:EU tax probe will not affect Apple's operation in Cork – ...
by gaius on Wednesday November 11, 2015 @08:40AM
(#10546570)
The word you're looking for is "double Irish"
https://en.wikipedia.org/wiki/Double_Irish_arrangement
Also see "Dutch sandwich".
I wonder if Apple agreed to hire workers in Ireland in exchange for keeping their tax status in Ireland.